M&A Trends in Online Lead Generation

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M&A Trends in Online Lead Generation What Is Happening and What to Do About It Sandy Kory, Vice President, Arbor Advisors LLC What Is Happening in Lead Gen? Current State Strong growth but margins are compressing Many are not building margin protection Result Opportunities for consolidation for attractive companies Supply/demand imbalance for less attractive ones 1 ONLINE LEAD QUALITY SUMMIT What Should You Do About It? Create Value Differentiate Go Vertical Stay Profitable Example of ‘Doing It Right’ WorldClass Strategy 2 ONLINE LEAD QUALITY SUMMIT Closing Thoughts In M&A, most recent performance is always magnified Most important valuation dynamic is having multiple buyers Lead gen M&A is evolving rapidly 3 ONLINE LEAD QUALITY SUMMIT

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